As Participants Shun Annuities, Some Are Depleting Savings Quickly
Research suggests making participants more comfortable with annuitizing their savings could help them with spending in retirement.
The Full View
House HELP Committee Members Introduce Lifetime Income Legislation
The bill, which has been introduced in previous legislative sessions, would allow annuities to be a default investment in employer-provided 401(k) plans.
How Auto-Portability Can Address the Wealth Gap
Research shows workers who cash out their retirement plan savings could lose roughly 1.5 years of accumulated wages, but auto-portability seeks to make it easier to prevent this.
Paper Offers Tutorial for Choosing DC Plan Lifetime Income Investments
Groom Law Group has published a guide that discusses fiduciary duties in the context of providing lifetime income options within defined contribution plans.
Why Edward Jones Is Funding Alzheimer’s Research
Lincoln Financial Revamps Participant Website
The firm says the digital tools embedded on the website are designed to encourage participants to engage more with their accounts.
PRTs and In-Plan Annuities Among Top 2022 Trends to Watch
The past two years have been challenging for institutional investors, but they have also brought about opportunities to address some long-term financial challenges.
Investment Product and Service Launches
State Street launches new retirement income strategy, while Federated Hermes launches two new ETFs.
How Consumption Changes as Retirement Progresses
The traditional view is that retirees prefer steady consumption as they age, but research suggests that spending declines as retirement progresses.
2021’s Hardships Redefine Financial Wellness Goals
With so many Americans having gone through tough times over the past two years, a new study looks at how this has affected their financial well-being and sense of the future.
Asset Managers Weigh In on DC Plan Investment Trends
They foresee growth in the use of CITs, retirement income products and ESG investments.
A 3.3% Withdrawal Rule Might Be More Sustainable for Retirees Going Forward
Considering low bond yields and high stock valuations, Morningstar re-examined the traditional 4% withdrawal rule.
Competition for Talent Likely to Increase in 2022
As many as one in three workers say they are set to retire or considering leaving their current role in the next 18 months, according to a new survey from Principal Financial Group.
Retiree Poverty Rates Vary Substantially by State
Higher than average rates of poverty among Americans over the age of 65 can be found in 19 states and Washington, D.C., according to a MagnifyMoney survey.
Elder Financial Abuse
Calmer Summer Yields to Volatile Fall for U.S. Investors
Individual and institutional investors were feeling better about market risks before getting a Delta-driven reality check.
The Many Barriers to Financial Advice and Confidence
New Allianz Life research analyzes the significant gaps in access to financial services found among different demographic groups in the United States.
U.S. Ranks 17th in Retirement Well-Being
As a result, more workers say they want investment advice from professionals.
